15890 NW 7TH AVE Miami FL 33169-6222

Jones Lang LaSalle (“JLL”) has been exclusively engaged by Golden Glades Developers/3710 Opera Group LLC (“Ownership”) to represent it for the sale of its properties located at 15754 NW 7 Avenue and 15890 NW 7 Avenue, Miami, FL 33169 (“Property”).

The Property is located within unincorporated Miami-Dade County and consists of two parcels totaling 1.69 acres (73,788 square feet m/l), offering a prime redevelopment opportunity for a mixed-use multifamily/workforce housing/ retail project. Recently re-zoned to High Density Residential which would permit 125 units per acre. Additional density bonuses are available for Workforce Housing. Reduced on-site parking requirements are possible due to DOT parking credits. Being within the 7th Avenue Corridor CRA allows for various County and local tax credits, grants, tax abatements and loan credits as well as CRA grants and credits. (Source: miamidade.gov)

The Property fronts NW 7th Avenue (US 441/SR 7) a major arterial roadway and is immediately adjacent to and accessible by the Golden Glades Interchange, which is the confluence of six major roads. The six highways that come together at the interchange are US 441, the Florida Turnpike, the Palmetto Expressway (SR 826), SR 9, North Miami Beach Boulevard (167th Street) and Interstate 95 (I-95). With excellent visibility from I-95 and the potential for future native display advertising placement with building wraps/ad walls to provide additional income as well as support leasing efforts.

The Property is also located directly to the south of the recently completed Golden Glades Multimodal Transportation Facility (GGMTF) which provides connectivity for commuters by way of bike, car, bus, Tri-Rail, taxi and rideshare services, with a brand-new parking garage and bus terminals facilitating travel throughout both Miami-Dade and Broward Counties. Finally, the Property sits within the $489 million DOT Expansion Area making it uniquely placed to take advantage of the current and future transportation connectivity enhancements.